Forex Strategy: USD/JPY Exposes 107.00 Figure
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- USD/JPY Technical Strategy: Pending Long
- Prices cleared resistance at 103.94 (38.2% Fib exp), exposing 107.08 (50% Fib)
- The rally looks overextended after nine weeks; we await a pullback to get long
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Weekly Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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